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As it plans to grow its self-employed advisory arm
He joins from Loyal North where he developed an M&A strategy to attract advisory businesses across the UK, M&G Wealth said.
Clark previously held senior roles within recruitment and development at Tavistock Investments, Benchmark Capital, The Lighthouse Group, Edward Jones, AMP and General Accident.
The firm said Clark’s appointment complements its growth plans for the self-employed advice arm The Advice Partnership (Tap), which recently opened an adviser academy as well.
Clark will be responsible for recruitment and M&A activity, with a strong focus on increasing Tap’s size and bringing fresh talent to its academy.
M&G Wealth gears up to ‘radically’ increase self-employed adviser network
Wealth manager hires Tim Clark as its first recruitment and acquisition director to boost The Advice Partnership’s numbers
M&G Wealth had made the first move to “radically” increase the size of The Advice Partnership (TAP) business, appointing Tim Clark as its first recruitment and acquisition director.
Clark (pictured) will look at all aspects of recruitment and potential acquisition, with a focus on growing adviser numbers within TAP, M&G’s self-employed adviser network, which has gone from single figures to more than 220 in the past year.
TAP, which launched in 2019, recently announced the creation of its own adviser academy to support growth, particularly of its existing firms.
M&G Wealth hires recruitment and acquisition director professionaladviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from professionaladviser.com Daily Mail and Mail on Sunday newspapers.
Octopus-owned platform technology provider Seccl has partnered with Loyal North PLC to launch its own platform to provide a better service for financial advisers.